Listen to this article
DSP Mutual Fund has launched three ETFs - DSP S&P BSE Sensex ETF, DSP Nifty Private Bank ETF and DSP Nifty PSU Bank ETF.
While DSP S&P BSE Sensex ETF will track the S&P BSE Sensex Index, DSP Nifty Private Bank ETF and DSP Nifty PSBU Bank ETF will replicate Nifty Private Bank Index and Nifty PSU Bank Index, respectively.
In a press release, Anil Ghelani, CFA, Head – Passive Investments & Products, DSP Mutual Fund said, “The India growth story has given rise to many opportunities for investors for a successful long-term investing experience. Our offerings in the ETF space give investors the choice to do so by tracking the broader market passively at a relatively lower cost to achieve their financial goals, ride the strong structural growth story of private sector banks or benefit from a likely re-rating of
PSU banks depending on their financial plan and risk tolerance.”
